Adam Bowen - Jun 7, 2023 Form 4 Insider Report for BlueLinx Holdings Inc. (BXC)

Role
VP & CHIEF ACCOUNTING OFFICER
Signature
/s/ Brad Resler, as attorney-in-fact for Adam Bowen
Stock symbol
BXC
Transactions as of
Jun 7, 2023
Transactions value $
-$36,249
Form type
4
Date filed
6/9/2023, 05:44 PM
Previous filing
Jul 18, 2022
Next filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BXC Common Stock Options Exercise +1K +55.71% 2.8K Jun 8, 2023 Direct F1, F2
transaction BXC Common Stock Tax liability -$27.6K -294 -10.52% $93.91 2.5K Jun 8, 2023 Direct F3
transaction BXC Common Stock Options Exercise +303 +12.12% 2.8K Jun 8, 2023 Direct F2, F4
transaction BXC Common Stock Tax liability -$8.64K -92 -3.28% $93.91 2.71K Jun 8, 2023 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BXC Restricted Stock Units Award $0 +742 $0.00 742 Jun 7, 2023 Common Stock 742 Direct F2, F6
transaction BXC Restricted Stock Units Options Exercise $0 -1K -100% $0.00* 0 Jun 8, 2023 Common Stock 1K Direct F1, F2
transaction BXC Restricted Stock Units Options Exercise $0 -303 -50% $0.00 303 Jun 8, 2023 Common Stock 303 Direct F2, F4
holding BXC Restricted Stock Units 685 Jun 7, 2023 Common Stock 685 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of restricted stock units that vested on June 8, 2023. These are time-based restricted stock units that vest in two equal annual installments commencing on June 8, 2022. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F2 Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
F3 These shares were withheld to cover tax withholding obligations when 1,000 time-based restricted stock units vested on June 8, 2023.
F4 Represents the conversion of restricted stock units that vested on June 8, 2023. These are time-based restricted stock units that vest in three equal annual installments commencing on June 8, 2022. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F5 These shares were withheld to cover tax withholding obligations when 303 time-based restricted stock units vested on June 8, 2023.
F6 These time-based restricted stock units will vest in three equal annual installments commencing on June 7, 2024. Vested shares will be delivered to the reporting person not later than 30 days after each vesting date.
F7 These are time-based restricted stock units that vest in three equal annual installments commencing on June 30, 2023. Vested shares will be delivered to the reporting person no later than 30 days after the vesting date.